Baird Closes Buy of Lionis Software

METI, a Sarasota, Fla.-based provider of medical simulation technologies, has acquired Lionis Software LLC, a Hungarian provider of an audiovisual and center management system for healthcare education. No financial terms were disclosed. METI is a portfolio company of Baird Capital Partners.

PRESS RELEASE

Baird Capital Partners, the U.S. based buyout fund of Baird Private Equity, announced today that its portfolio company METI has closed the acquisition of Lionis Software, LLC. METI, a worldwide leader in medical simulation technologies and educational software, acquired Lionis Software, LLC, to expedite METI’s planned roll out of LearningSpace, a web-based learning management system.  LearningSpace will be powered by Lionis’ WebSP engine, an internationally recognized web-based audiovisual and center management system for healthcare education used by leading medical schools including Emory, University of Virginia, Uniformed Services University and Baylor College of Medicine.